MarketClub Options Trading
Rockwell Trading Coaching
Rockwell Trading Mentoring
INO TV Trading Education
Free Options Trading Education
INO TV Videos
Exit Signals Technical Analysis
For coaching advice in determining the proper criteria to enter and exit a specific position, visit the Rockwell Trading Coaching Program. A free 60-minute one-on-one session is available to interested investors.
Company Business Summary
Cemex S.A. B de C.V. (Cemex) is a holding company primarily engaged, through its operating subsidiaries, in the production, distribution, marketing and sale of cement, ready-mix concrete, aggregates and clinker. Its plants have an installed production capacity of approximately 98.2 million tons, including approximately 17 million tons of installed capacity it acquired in the acquisition of RMC Group p.l.c. in March 2005. Its annual sales volume of ready-mix concrete is approximately 70 million cubic meters, and its annual sales volume of aggregates reaches 160 million tons. It addition, Cemex transforms spent quarries into cultivated land, which houses fruit trees and vineyards. The Company is strategically positioned in the Americas, Europe, Africa, the Middle East and Asia. As of July 10, 2007, the Company had acquired more than 90% interest in Rinker Group Limited.
Significant News Stories
A. July 16, 2007. Cemex SA B de CV Offer For Rinker Group Limited Expires Cemex SA B de CV announced that its offer to acquire all of the ordinary shares (Rinker Shares), and all of the American depositary shares (Rinker ADS) representing ordinary shares, in Rinker Group Limited (Rinker) expired on July 16, 2007. Securities representing approximately 855,846,390 Rinker Shares (or 95.62% of the outstanding Rinker Shares) were validly tendered and accepted for payment, including approximately 795,530,900 Rinker Shares and approximately 12,063,098 Rinker ADSs (representing approximately 60,315,490 Rinker Shares). In addition, Notices of Guaranteed Delivery were received with respect to approximately 72,170 Rinker ADSs (representing approximately 360,850 Rinker Shares). Pursuant to the terms of the offer, Rinker ADSs listed in a Notice of Guaranteed Delivery must be validly tendered within three trading days following the delivery of such notice in order to be accepted for payment.
B. July 10, 2007. CEMEX S.A. B de C.V. Acquires More Than 90% of Rinker Shares CEMEX S.A. B de C.V. announced that it has a relevant interest of more than 90% of the shares of Rinker Group limited as a result of acceptances received under its offer to acquire Rinker shares.